First Published: 2012-11-13

 

British PM defends Gulf business trip

 

Cameron says his attempts to sell Typhoon jets during his Gulf tour was aimed at supporting British jobs, British allies.

 

Middle East Online

Cameron: Britain has the most rigorous arms export licensing regime in the whole world

LONDON - British Prime Minister David Cameron on Monday defended his attempts to sell Typhoon jets during a visit last week to the United Arab Emirates, Saudi Arabia and Oman, saying it was "vital" for British business.

Critics rebuked him for trying to sell warplanes to Saudi Arabia, attacking the country's human-rights record, but Cameron told guests at the Lord Mayor's Banquet in central London that Britain had "the most rigorous arms export licensing regime in the whole world.

"When Britain has a very strong defence industry, with 300,000 jobs depending on it, it's right that we should be at forefront of this market, supporting British jobs and British allies," he said.

"That's why last week, in the Gulf, I was pushing for new contracts for Typhoon jets worth billions of pounds and thousands of jobs," he added.

"That's vital new business for Britain. And I make no apology for going out there and trying to help win it."

Cameron also defended Britain's financial sector despite the chaos unleashed on the economy by the 2008 banking crisis, warning that "those who think the answer is just to trash the banks, would end up trashing Britain."

He vowed tough new regulations and called for "a regime where banks can fail without the need for taxpayers to bail them out."

 

Washington lauds Iran's role in Iraq

Iran slams boring Netanyahu's continuous lie-spreading in US speech

Saudi executing at 'unprecedented' pace

Libyan militants take control of two oil fields

'Saudi prince' New York apartment on sale for $48.5m

Israel to double water quota to Gaza ‘within days’

Abbas: Palestinians ready to talk with "whoever" wins Israel election

Fire at Cairo convention centre injures 19 people

US, Iran wrap up three days of intense nuclear negotiations

EU reviews policy in response to Ukraine, Arab Spring

IAEA delegation to hold talks in Tehran on March 9

Tunisia rescues 86 African migrants at sea

Turkish Airlines plane skids off Nepal runway

British former marine 'killed' in Syria

Netanyahu warns Congress: Nuclear deal will free Iran to develop weapons

Bottle of juice vs. outspoken critic of Israel domestic policies

UN approves sanctions regime for South Sudan

Arab states to mull creation of joint force against ‘Islamic State’

Libya tit-for-tat airstrikes target airport, oil terminal

Iran holds memorial service for ‘Afghan volunteers’ killed in Syria

South Sudan general accused of abducting child soldiers

Netanyahu takes fight over Iran nuclear ambitions to Congress

UN delegation meets Aleppo governor to push ‘freeze’ plan

Yemen leader proposes reconciliation talks to be moved to Saudi

Jihadists use urban warfare to slow Tirkit adavance

Libya warplanes strike militia-controlled airport

Egypt court cancels call for parliamentary elections in March

Saudi diplomat kidnapped by Qaeda in Yemen released

South Sudan's oil wells pose environmental hazard

Obama lashes out at Netanyahu over Iran

Tunisia blogger jailed for 6 months for defaming army

US controlling ‘moderate’ Syrian rebels

Two killed in Cairo bomb blast

Erdogan in Riyadh as Saudi Arabia seeks to re-energise foreign policy

Palestinians prepare to lodge first war crimes complaint against Israel

Turkey probes soldier for failure to resist ‘Islamic State’

US envoy to Yemen throws support behind President Hadi

Libya recognized parliament names Haftar as chief of armed forces

How Islamic is ‘Islamic State’?

Separate battles rage on against IS in key border area

Reconciliation with Iran proves far from simple for Hamas

Before UN rights panel, Kerry delivers vigorous defense of Israel

Turkey explores for oil in Iraqi Kurdistan

Two killed in Egypt bomb blast

Egypt leader visits Saudi Arabia